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1425 N Normandie Ave, Los Angeles, CA 90027

List Price: $2,500,000On Market FlagOn market
Apr 3, 20241,513 sqft3 beds0 baths
Listed by: Gary Demiraiakian
License #: 01481996
Phone #: (760) 275-9785
HPS Real Estate Investments
Source:
CRMLS Logo
MLS #: 219109450DA

Property Description

This is the opportunity of a lifetime. Buy the Corner and Hold if for the Future!!!!! There are very few buildable commercial 1 acre lots in the area. The subject property actually sits on the inside corner of this particular lot and is their missing piece needed for a potentially spectacular development at this location. Subject property is a duplex in Hollywood area, 1424 N. Normandie Ave. and 1424 1/2 N. Normandie Ave. Zoning is LAC2, and the structural use is residential. The subject property consists of two, single story, detached homes! Main home is newly remodeled. Both homes are 2 bedrooms with a full bathroom each. Easy walk to all of the hip and trendy shops and restaurants on Hollywood Blvd and Sunset Blvd. Seller is MOTIVATED! Don't hesitate to submit. Seller is the listing agent and is also a licensed real estate agent in the State of California.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$26,940

TurboHome Estimated Value

$2,148,000

$1,420 sqft

High Valuation
$2,255,400
$1491/sqft
Normal Valuation
$2,148,000
$1420/sqft
Low Valuation
$2,040,600
$1349/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1420/sqft$2,148,000

Neighborhood: Mid Wilshire

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Comparative Value

$1.45M

$2.50M

584 N Plymouth Blvd, Los Angeles, CA 90004

Sale Price: $1,450,000

Selected Comparable

5818 Tuxedo Ter, Los Angeles, CA 90068

Sale Price: $1,475,000

Selected Comparable

1425 N Normandie Ave, Los Angeles, CA 90027

List Price: $2,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1425 N Normandie Ave, Los Angeles, CA 90027

1425 N Normandie Ave, Los Angeles, CA 90027

List: $2,500,000

Listed: 4/3/2024

Area:1,513 sqft
Price/sqft:$1,652
Beds:3
Baths:
Year Built:
Lot Size:5,052

Comparable Properties

COMPARABLE
Choose comps
5818 Tuxedo Ter, Los Angeles, CA 90068

5818 Tuxedo Ter, Los Angeles, CA 90068

Sale: $1,475,000

3/28/20251.44 mi

Area:1,396 sqft
Price/sqft:$1,057
Beds:3
Baths:1
Year Built:
Weight:64.0%
584 N Plymouth Blvd, Los Angeles, CA 90004

584 N Plymouth Blvd, Los Angeles, CA 90004

Sale: $1,450,000

3/18/20251.57 mi

Area:1,982 sqft
Price/sqft:$732
Beds:4
Baths:1
Year Built:
Weight:36.0%

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3

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